Connecticut's Fastest-Growing Private Companies

August 25, 2010|By MARA LEE, maralee@courant.com

Dozens of Connecticut companies were honored on Inc. magazine's list of 5,000 fastest-growing private companies in the United States.

The list included small companies, such as Easy Seat, a retailer in New Britain that grew nearly 17-fold in the past three years, reaching $2.3 million in revenue; medium-size firms, like Tangoe, a telecom company in Orange with $38.1 million in revenue last year, after 290 percent growth in three years; and larger outfits such as Glastonbury's Open Solutions, with $431.4 million in revenue, and 123 percent growth.

Rankings were based on total sales growth by percent from 2006 to 2009. In most cases, the companies asked to be included, and reported their own data to the magazine. Because they are private, the magazine was not able to check their financial data, but each company's CEO signed a verification form.

Other notable Connecticut companies include:

• FM Facility Maintenance of Hartford (headed by Jim Barnes, founder and former CEO of Oakleaf in East Hartford), $115 million in revenue, 905 percent growth.